AltaGas About To Put More Money In Your Pocket (ALA)

On 8/21/14, AltaGas Ltd (TSX: ALA.TO) will trade ex-dividend, for its monthly dividend of $0.1475, payable on 9/15/14. As a percentage of ALA's recent stock price of $52.08, this dividend works out to approximately 0.28%.

Below is a dividend history chart for ALA, showing historical dividends prior to the most recent $0.1475 declared by AltaGas Ltd:

ALA+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALA is likely to continue, and whether the current estimated yield of 3.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALA shares, versus its 200 day moving average:

AltaGas Ltd 200 Day Moving Average Chart

Looking at the chart above, ALA's low point in its 52 week range is $34.80 per share, with $52.25 as the 52 week high point — that compares with a last trade of $52.25.

In Tuesday trading, AltaGas Ltd shares are currently up about 0.3% on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark